FLASHNEWS:

Day: September 13, 2024

SBP Lowers Key Policy Rate to 17.5% to Mitigate Inflation Pressures

Islamabad: In a strategic move, the State Bank of Pakistan (SBP) has decided to reduce its key policy rate by 200 basis points, adjusting it from 19.5% to 17.5%. This rate cut is part of the SBP’s broader objective to manage inflation expectations and …